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Biotech / Medical : Cell Genesys (CEGE)

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To: david james who wrote (677)2/16/2000 5:01:00 PM
From: Tom Hua   of 1298
 
Wednesday February 16, 4:21 pm Eastern Time

Company Press Release

Robertson Stephens Reiterates Buy Rating on CEGE

SAN FRANCISCO--(BUSINESS WIRE)--Feb. 16, 2000--Robertson Stephens Biopharmaceuticals
Analyst Lesley Wright Marino today reiterated her Buy rating on Cell Genesys (NASDAQ:CEGE -
news).

``We are reiterating our Buy rating on shares of Cell Genesys, as we believe the stock represents one of the best values in biotech today,'
said Marino. ``We believe Cell Genesys has a promising cancer vaccine in Phase II studies, an intellectual property estate of more than
200 issued and allowed patents, a very strong financial position and a negative technology value.'

Clients interested in receiving more information should contact their salesperson at (415) 781-9700.
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